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Fight over Fed powers stalls $900 billion aid plan

by Andrew TaylorChristopher Rugaber
| December 20, 2020 12:03 AM

WASHINGTON (AP) — An arcane battle over emergency Federal Reserve powers foiled efforts on Saturday to lock down an agreement on an almost $1 trillion COVID-19 economic relief package. The deadlock was just the latest stumble in a partisan, months-long fight over pandemic relief and the lack of progress is backing lawmakers once again up against a government shutdown deadline Sunday night.

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